NAG 18.2% 2.6¢ nagambie resources limited

Ann: Melbourne Mining Club Presentation, page-28

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  1. 326 Posts.
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    Great point Mickeedee I agree with you. Common sense dictates that you start assaying as soon as you get to the point the geologists give the green light. Secondly you don't continue blindly drilling if you can get preliminary results to tell you if it is worth continuing. This is an expensive exercise so blindly forging ahead is a poor option which I do not believe Mike and his team would do. Checking results as you go is a prudent and commonsense approach. The decades of experience Mike and his team have should give holders comfort that this drilling program is in good hands no matter what the grades are. I have a strong suspicion that the deeper drilling which is underway is a good indicator that preliminary results justify the additional expense. I acknowledge the reverse may be true, that is that preliminary results are poor so drilling continues in the belief that better grades occur at depth. Either scenario is possible. I hope and suspect the former and as I said above the drilling program is in the hands of a team with decades of experience.
 
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